The number of employed persons in South Korea increased to 26841 Thousand in October of 2020 from 26787 Thousand in September of 2020. source: Statistics Korea

Employed Persons in South Korea averaged 24251.91 Thousand from 1999 until 2020, reaching an all time high of 27522 Thousand in February of 2020 and a record low of 20268 Thousand in June of 1999. This page provides - South Korea Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Employed Persons - values, historical data and charts - was last updated on November of 2020.

Employed Persons in South Korea is expected to be 27500.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in South Korea to stand at 27500.00 in 12 months time. In the long-term, the South Korea Employed Persons is projected to trend around 27500.00 Thousand in 2021, according to our econometric models.

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South Korea Employed Persons

Actual Previous Highest Lowest Dates Unit Frequency
26841.00 26787.00 27522.00 20268.00 1999 - 2020 Thousand Monthly
Volume, SA

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 3.90 7.10 3.00 percent [+]
Employed Persons 26841.00 26787.00 27522.00 20268.00 Thousand [+]
Unemployed Persons 1170.00 1088.00 1546.00 690.00 Thousand [+]
Labor Force Participation Rate 62.70 62.50 64.20 48.50 percent [+]
Labour Costs 104.00 119.30 129.90 69.00 points [+]
Productivity 111.00 109.10 115.80 53.50 points [+]
Wages 3895894.00 3615931.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4232213.00 3803701.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8590.00 8350.00 8590.00 600.00 KRW/Hour [+]
Population 51.71 51.61 51.71 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 8.40 8.90 13.40 3.80 percent [+]
Employment Rate 60.40 60.50 61.70 56.10 percent [+]


South Korea Employed Persons
In South Korea, employed persons are individuals with a minimum required age who work during a certain time for a business.